Good Question!
There is a direct correlation between Stake and vote size, so the higher your LeoPower, the greater your vote. My vote grows with each increase. Now you do bring up the good point that if everyone votes all their voting power everyday it is possible for the amount of rewards for my vote to go down, but it is only theoretical, as so many don’t vote at all, and another large percentage don’t use their full voting power each day, that it’s not a factor. So with those assumptions the premise of increased Stake equaling increased earnings holds true.
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